Goldman Sachs expects Titan’s margin to be stable hereon and expects its standalone jewellery business to grow at a Compounded Annual Growth Rate (CAGR) of 18% over financial year 2025-2027.
The Bombay High Court has agreed to grant an urgent hearing on SEBI and BSE’s plea against the order.
On the flip side, Samuel expects the bull market in the US to remain intact and he sees a turnaround from last week’s fall on Wall Street.
Adani Ports has handled 408.7 MMT cargo volume in all of FY25 till February. This is 7% more than it did in the previous financial year.
On Friday (February 28), the rupee fell 19 paise to settle at 87.37 against the US dollar.
On the charts, IRFC’s Relative Strength Index (RSI) is deeply oversold, at levels of 24. An RSI reading below 30 indicates that the stock is “oversold”. The stock is also trading below all of its key moving averages.
The company plans to increase lending to the nation’s small- and medium-sized companies which find it hard to get loans from traditional banks.
All 12 analysts with coverage on both REC and PFC have “buy” ratings on them.
On Monday, market tech analyst Mitessh Thakkar recommended these stocks for the short term.
Coal India is now left with an output target of 142 MT in the month of March, which will be the last month of the current financial year, in order to meet its guidance for the current financial year.